profits

The big bosses at Daimler AG weren’t expecting the kind of profits the company would earn in this year’s first quarter. Record sales of Mercedes-Benz cars was able to make up for the brand’s spending on new models and facilities, making things for the company a lot easier and joyful moving forward in 2012. 2.13 billion euros, almost a 4.9-percent growth in profit compared to last year, is enough reason to be joyful. These figures beat average estimates by eight survey analysts. Sales grew by 9.2 percent, making it 27 billions euros for January to March alone. Daimler CEO Dieter Zetsche was fast in rehighlighting his company’s goals for the… Continue Reading »